Finance

Singapore transport operator ComfortDelGro now generates more revenue from overseas than its home base

ComfortDelGro’s moves around the world are finally helping its balance sheet. The MRT operator reported Wednesday that overseas revenue made…

1 year ago

A flood of AI deepfakes challenges the financial sector, with over 70% of new enrolments to some firms being fake

Financial institutions are championing the use of artificial intelligence, arguing the new technology can rapidly accelerate tasks like “know-your-customer” checks,…

1 year ago

Southeast Asia’s cities are at ‘high risk’ of flooding and heatwaves, thanks to climate change

In recent weeks, there have been viral images from the Philippines show couples exchanging wedding vows in flooded churches after…

1 year ago

OpenAI’s open source pivot shows how U.S. tech is trying to catch up to China’s AI surge

OpenAI, the developer behind ChatGPT, released two bombshell AI developments last week. Last Thursday, it released GPT-5, the long-awaited update…

1 year ago

Air Force bid for Tesla Cybertrucks in target practice symbolizes the ‘evolving’ relationship between the Pentagon and Big Tech, expert says

The U.S. Air Force is taking steps to acquire Tesla Cybertrucks—for the express purpose of blowing them up. But while…

1 year ago

AI-driven layoffs are on the rise as the job market shrinks for recent grads

No more new hires if AI can do the job. That’s what Shopify CEO Tobi Lütke told staff in a…

1 year ago

Southeast Asia’s three largest banks warn of macroeconomic headwinds following a mixed quarter

Singapore’s biggest banks are bracing for macroeconomic uncertainty following a mixed quarterly results.  DBS, Southeast Asia’s largest bank, delivered a…

1 year ago

Trump’s threatened 40% tariff on ‘transshipped’ goods tries to target China and its manufacturing strength

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that…

1 year ago

The 5 biggest global business rivalries to watch, and how their outcomes will shape the future

Power is precarious: The more of it you possess, the more competitors you attract, gunning for your customers, star employees, and market share. We drilled down on five…

1 year ago